Thursday, March 14, 2019
Blood Bananas Directions
Over the past 25 years, no localise has been more perilous for companies than Colombia, a country that is inally beginning to emerge from the effectuate of civil war and narco-terrorism. In 2004, Chiquita voluntarily revealed to the U. S. Justice subdivision that peerless of its Colombian banana subsidiaries had made protection payments to terrorist groups from 1997 through 2004. The Justice Department began an investigation, focusing on the role and conduct of Chiquita and some of its officers in this malefactor activity. Subsequently, Chiquita entered into a plea agreement that gave them the dubious distinction of being the head start major U.S. company ever convicted of dealing with terrorists, and resulted in a finely of IJS$25 million and other penalties. To make matters worse, the industry was facing atmospheric pressure from increasing retailer purchasing power, major changes in consumer tastes and preferences, and Europes imposition of an hard tariff on companies tha t sourced bananas from Latin America. With this in mind, Fernando Aguirre, Chiquitas CEO since 2004, reflected on how the company had arrived at this point, and what had been done to correct the course so far.He faced major challenges to the companys war-ridden position in this dynamic industry. Assignment Students must address the adjacent questions 1 . What do you think were the root causes for Chiquitas actions in Colombia that led to the penalties? Did Chiquitas managers need a choice? Why or why not? 2. What brook current management do to restore Chiquitas reputation and ensure succeeding(a) competitiveness in this industry? What role does corporate governance job in this process? Please discuss the ethical and strategic actions that the party should take.Directions Students should address the questions above in a symbold document (double spaced 12-point boldness 5 pages maximum essay format). The incident report should provide a title page, with student name, section number, and date of ubmission. Your responses should be uploaded to D2L before the plan class on Wednesday, December 4. Strong responses will reference the worldly covered in Chapter 10 of our textbook, as well as the special readings suggested on the following page.Guidelines Please note the following All case reports are to be written (double spaced) using 12 point type with a serif case for the body (Times New Roman) and sans serif font for headings (Calibri). The report should follow correct form, spelling, grammar, etc. The body of the paper should be no more than five pages including specific recommendations fundinged by our analyses. compute the pages. The report may include an assortment of charts, tables, and exhibits in an accompaniment to upkeep your analyses and recommendations. Do not add exhi bits that are already included in the case.Each exhi bit must be referenced and discussed in the body of the paper. The appendix does not count towards the of import bod y limit of five pages. The main body of your report should contain sufficient detail to explain and support the major issues identified in the case and the primary recommendations for solving these problems. Do not Just rehash case facts. Instead, kick in an insightful and eccentric analysis. The reports will be judged according to standards of effective business communication. They should be edify and cogent.The criteria for grading case reports include Evidence of ability to size-up the organizations situation and to differentiate key problems/issues. Use of appropriate analytical techniques, sound logic, and well-supported arguments in evaluating the organizations present condition and future prospects. Evidence of ability to formulate realistic and feasible recommendations for action. Quality contributions will reference the material in Chapter 10 of your textbook, as well as he additional readings suggested below. Thoroughness both (a) scope and insurance coverage and (b) depth of analysis.
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